Icy.tools Enhances User Experience and Reduces Anxiety with QuickNode

Icy.tools is an NFT Analytics Platform that aims to make visibility and analysis of transactions in the NFT space more digestible. They focus on indexing blockchain data on ERC721 transfers and OpenSea orders, with plans to add support for other marketplaces, better ERC1155 token support, and individually adding more popular non-spec projects like CryptoPunks. The company collects as much data as possible directly from the blockchain, reducing the risk of relying on third-party services or APIs. The team at icy.tools is committed to engaging with the community to build the tools they want and support them for the long haul. The two co-founders have over 15 years of experience in building and growing products at early-stage startups.

Icy.tools, an NFT Analytics Platform, was facing significant challenges in scaling requests and dealing with rate limits on competing platforms. The company's mission is to make visibility and analysis of transactions in the NFT space more digestible, focusing on indexing blockchain data on ERC721 transfers and OpenSea orders. They collect as much data as possible directly from the blockchain, reducing the risk of relying on third-party services or APIs that can revoke access. However, the volume of requests was causing issues, and they were running into rate limits not just with public endpoints, but also with other node service providers. The co-founders, with over 15 years of experience in building and growing products at early-stage startups, were looking for a solution that could provide more insights and discoverability to the NFT projects for better tracking.

Icy.tools found the solution to their challenges in QuickNode. They switched to QuickNode’s highest-tier Scale plan, which technically offers unlimited requests, to backfill their transaction data going back several months. This process was carried out in multiple batches due to the volume of data they were processing. The value of this to their users is that they can easily query who holds what token and how many unique holders a collection has after any project is released. They managed to process about 500,000 requests going back months without any issues from QuickNode and continue to get updates from the blockchain every minute. QuickNode's team and QuickNode’s Discord channel have also helped them troubleshoot and debug things that would have taken them much longer to figure out on their own. They used QuickNode API for ETH, MATIC, BSC, ZKSYNC, and ARB on various networks including Ethereum mainnet, Matic mainnet, BNB mainnet, zkSync Era Testnetnet, and Arbitrum mainnet.

• The use of QuickNode has significantly improved the operational efficiency of icy.tools. The ability to reliably query data from the blockchain has become essential to their business, and QuickNode has provided a reliable and cost-effective solution. The company has been able to process a large volume of requests without running into rate limits, which has improved the user experience by allowing users to easily query who holds what token and how many unique holders a collection has after any project is released. Furthermore, the support provided by QuickNode's team and Discord channel has saved the company significant time in troubleshooting and debugging issues. Overall, QuickNode's service has been extremely reliable and has helped icy.tools grow and plan for the future.

• Processed about 500,000 requests going back months without any issues

• Continues to get updates from the blockchain every minute

• Significant cost savings due to QuickNode's competitive pricing